521 W WILSHIRE Drive, Phoenix, AZ 85003 - MLS #6984669

images$995,000 images3 Beds

images2 Bath images1,700 sqft images1940

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Description

1940 French Ranch in the Willo Historic District Discover a rare 1940s French Ranch at 521 W. Wilshire Dr., situated in the heart of the Willo Historic District. This property perfectly balances historic character with high-tech infrastructure, offering a primary residence plus a guest house that doubles as a revenue generator. Strategic Location & Income Medical Corridor: Unbeatable proximity for healthcare professionals—1 mile to St. Joseph's and 7 minutes to Banner University and the VA Medical Center. Guesthouse/ADU: A fully functional, revenue-generating suite. With a full kitchen and new 2025 mini-split, it is ideal for Furnished Finder short-term rentals. Modern Infrastructure & Efficiency New 2025 Roof and solarized Low-E energy-efficient windows throughout.

Supplements: Climate & Air: Attic features R40 insulation, sealed ducts, and a 1-ton mini-split in the primary bedroom. Tech-Ready: Central communications closet with Cat5 cabling to all rooms and a Lorex NVR security system with cameras covering the exterior and alley. Updated Power: 200-amp main breaker and a new 2024 100-amp sub-panel. Outdoor Living & Utility The Oasis: 80-linear-foot PebbleTech salt-water pool surrounded by cool decking and a travertine tile entertainment patio. RV Ready: Widened driveway with an RV gate and parking for wider-profile vehicles. The Yard: 10x14 TuffShed with power, natural gas BBQ line, and an 8x8 concrete pad with a 50-amp breaker ready for a spa. Clean Lines: Backyard power and Cox cable lines have been buried underground for an open, unobstructed view. This is a high-efficiency historic home designed for modern professionals who value location, security, and income potential.

Property Features
Special Listing Cond: N/A
Add'l Property Use: Ranch
Architecture: Other
Master Bathroom: Other (See Remarks)
Additional Bedroom: Separate Bedroom Exit
Flooring: Laminate; Tile; Wood
Window Features: Screens; Dual Pane; ENERGY STAR Qualified Windows; Low-Emissivity Windows; Tinted Windows; Vinyl Frame
Private Pool Features: Outdoor; Fenced; Play Pool
Spa: None
Community Features: Children's Playgrnd; Historic District; Near Light Rail Stop
Dining Area: Formal; Eat-in Kitchen
Kitchen Features: Gas Oven; Disposal; Dishwasher; Refrigerator; Reverse Osmosis; Pantry
Laundry: Washer Included; Dryer Included
Other Rooms: Family Room; Guest Qtrs-Sep Entrn
Technology: Cable TV Avail; High Speed Internet; Security System Owned
Exterior Features: Playground; Covered Patio(s); Patio; Pvt Yrd(s)/Crtyrd(s); Separate Guest House; Storage
Other Structures: Shed(s); Workshop
Parking Features: RV Access/Parking; Separate Strge Area
Construction: Brick
Const - Finish: Painted
Roofing: Composition
Cooling: Central Air; Ceiling Fan(s); Mini Split
Heating: Natural Gas
Utilities: APS; Natural Gas Connected; SW Gas
Water Source: City Water
Sewer: Sewer - Public
Services: City Services
Fencing: Block
Property Description: North/South Exposure; Alley
Landscaping: Desert Back; Grass Front; Yrd Wtring Sys Front; Yrd Wtring Sys Back
Showing Notification Methods: Text
Lockbox Type: None
Possession: Close of Escrow
Association Fee Incl: No Fees
Existing 1st Loan: Treat as Free&Clear
New Financing: Cash; Conventional
Disclosures: Seller Discl Avail; Agency Discl Req
Contract Information
List Price: $995,000
Status: Active
Current Price: $995,000
List Date: 2026-02-13
Type: Exclusive Right To Sell
Ownership: Fee Simple
Co-Ownership (Fractional) Agreement YN: No
Location Tax Legal
House Number: 521
Compass: W
Street Name: WILSHIRE
St Suffix: Drive
City/Town Code: Phoenix
State/Province: AZ
Zip Code: 85003
Zip4: 1028
County Code: Maricopa
Assessor Number: 118-49-027
Subdivision: BROADMOOR PARK
Tax Year: 2025
General Property Description
Dwelling Type: Single Family Residence
Dwelling Styles: Detached
Exterior Stories: 1
# of Interior Levels: 1
# Bedrooms: 3
Full Bathrooms: 2
Total Bathrooms: 2
Approx SQFT: 1700
Price/SqFt: 585.29
Horses: N
Model: FULL GST HOUSE
Builder Name: UNKNOWN
Year Built: 1940
Lead Based Hazard Disclosure: Yes
Approx Lot SqFt: 7714
Approx Lot Acres: 0.177
Community Pool Y/N: No
Private Pool Y/N: Yes
Fireplace YN: No
Elementary School District: Phoenix Elementary District
High School District: Phoenix Union High School District
Elementary School: Kenilworth Elementary School
Jr. High School: Phoenix #1 iAcademy
High School: Central High School
Remarks Misc
Cross Street: 5th Ave and Thomas
Directions: USE GPS
Geo Lat: 33.475558
Geo Lon: -112.081669
Legal Info
Township: 2N
Range: 3E
Section: 32
Lot Number: 6
Basement
Basement Y/N: N
Items Updated
Roof Yr Updated: 2025
Roof Partial/Full: Full
Parking Spaces
Slab Parking Spaces: 3
Showing Notification Methods
Showing Service: Aligned Showings
Miscellaneous
Home Warranty: 1
Contact Info
List Agent Home Phn: 424-402-7667